Spring Update from our Sales Expert
Undoubtedly, there has been a shift in the overall sentiment and confidence in real estate over the past 6 months. With world events and cost of living having an ever-present impact on our day-to-day lives, the great Australian dream of owning or upgrading the family home has certainly dropped down the list of priorities for a lot of people.
Without a doubt, sales rates have dropped since the peak of the COVID boom, but would you believe they remain higher than pre-COVID figures? Along with enquiry rates, also remaining above pre-pandemic levels.
This certainly demonstrates there remains buyer confidence and aspirations to own a home or investment property in Lucas. And why wouldn’t you want to? With the population of Lucas continuing to grow, we see more of the community spirit and activities developing. The over 60’s Social Club and Lucas Hockey and Cricket clubs, just to name a few.
And let’s not forget the affordability and convenience element to home ownership in Lucas. Just over an hour to Melbourne, or to the Surf Coast – Lucas is ideally positioned to enjoy summers at the beach or Saturday afternoons at the ‘G, without the huge price tags attracted by the Western Suburbs or Geelong districts. Not to mention easy access to quality Ballarat schooling and healthcare.
With our focus now firmly on what’s been happening with sales in Lucas, we begin to see the last remaining lots being offered for sale in OG Lucas – at the time of writing, only 18 lots remain!
Lots are scattered through Sanctuary – enjoying prime position between the waterways and the Skipton Rail Trail (not to mention the future Loreto site), which is sure to see future established resales perform exceptionally well. The remaining lots at Platinum are possibly Ballarat’s best homes sites, enjoying access to the rail trail, outlooks onto wetlands, parks and the Avenue of Honour, all within easy walking distance of Coltman Plaza. and surrounded by quality homes. And once these are gone, they’re gone forever!
Grange is the future of Lucas. Transforming over the last 6 months, from straight up construction site to quality, good looking homes are beginning to be finalised and occupied. A great mix of attractive façades from some of the best builders in town gives a hint to the quality neighbourhood that will soon be established, which will see Lucas as a whole join seamlessly as one.
Some notable highlights soon to come at Grange:
- Lucas Display Village 5 – 34 sites on Blomeley Drive showcasing the best our builders have to offer.
- Hudson Ridge’s ‘by appointment’ pop-up display on Pernonie Street – a stunning example of what can be done on a Contempo lot.
- Delivery of the park on Hollioake Drive – 1.5 hectares of quality play space!
- Upcoming childcare site on Dyson Drive.
Do yourself a favour and take a drive or a walk to discover Grange up close!
Lastly, we’re in the midst of celebrating the opening of the new Integra Head Office on Lilburne Street (you can’t miss it!), which includes a state-of-the-art Land Sales Centre. Keep an eye out for further celebration updates on this!